NFL homeowners have authorised the $9.612bn file sale of the reigning Tremendous Bowl champions Seattle Seahawks to a gaggle led by billionaire Vinod Khosla.
The deal, which required the assist of at the very least 24 of 32 homeowners, is at the moment the second highest quantity paid for a franchise in North American sports activities historical past.
The property of Paul G. Allen, which inherited the NFL staff after the loss of life of the Microsoft co-founder in 2018, agreed to phrases with the Khosla household on 11 July after a seek for a brand new proprietor.
And now authorised, the sale surpasses the $6.05bn the Washington Commanders fetched after they had been offered in 2023, though the NBA’s Los Angeles Lakers had been subsequently offered for $10bn in 2025 and are at the moment within the course of of adjusting possession once more for a reported $12.5bn.
“We’re honoured to be entrusted as the subsequent stewards of the Seattle Seahawks. How usually do you get to purchase a franchise that simply gained the Tremendous Bowl?” mentioned Khosla.
“We’re extremely fortunate and humbled by this present, I might say, from the Allen belief.”
“We stay up for constructing on the profitable legacy Paul Allen created and to incomes the belief of the Seahawks organisation and followers all over the place.”
Talking at a press convention on Wednesday, Khosla, who should relinquish a minority stake within the San Francisco 49ers as a part of his settlement to purchase the Seahawks, added: “The duty forward is definitely fairly easy – maintain the profitable streak alive, get one other Tremendous Bowl.
“Our method is mostly going to be long-term centered, that is our inclination at all times. So, maintain profitable, take a long-term method, and be taught lots. We do not know sufficient, and the opposite homeowners have been extremely welcoming and keen to show us, so we’ll be taught lots.
“We’ll be taught from administration and see what they’re recommending.”
Khosla, 71, was the co-founder of US know-how firm Solar Microsystems and the founding father of the enterprise capital agency Khosla Ventures and has a web price of $13.2bn, in accordance to Forbes. , exterior
Former proprietor Allen saved the Seahawks from relocating to Southern California when he purchased the staff from Ken Behring in 1997.
His sister, Jody Allen, took management of the Seahawks and the NBA’s Portland Path Blazers as chair of each groups upon her brother’s loss of life with a directive to ultimately promote each and donate the proceeds to charity.
Within the 29 seasons through which Paul or Jody Allen had been in cost, the Seahawks made the play-offs 17 instances and gained two of the 4 Tremendous Bowls they contested.
